When leveraging AI and machine learning to drive banking innovations, it is essential to take a structured approach in implementing security-by-design for conducting proper risk assessment of the organizations and people involved, says Sameer Ratolikar, CISO, HDFC Bank
The latest edition of the ISMG Security Report describes the accidental discovery of a Tesla software vulnerability. Also featured: an analysis of the latest ransomware trends and insights from former federal advisers Richard Clarke and Robert Knake on cyber resilience.
A vulnerability in global airline check-in software used by 500 airlines could have been exploited to download other individuals' valid boarding passes, potentially giving them access to restricted airport spaces, warns security expert David Stubley. The flaw in Amadeus travel software has now been fixed.
Software vulnerabilities sometimes have an uncanny knack of revealing themselves, even when a bug hunter is looking someplace else. Sam Curry's probing eventually revealed a cross-site scripting flaw in a Tesla service, which netted him a $10,000 bounty.
Security researchers have found yet another unsecured database that left personal data exposed to the internet. In this latest case, a MongoDB database containing about 188 million records, mostly culled from websites and search engines, was exposed, researchers say.
Video conferencing vendor Zoom has opted to make major changes to its Mac application after a security researcher found several weaknesses in it. The changes come after the researcher refused a bug bounty and instead went public after 90 days, putting pressure on Zoom.
Many types of cyberattacks are undetectable by conventional security technologies, which places applications at risk, says Franklyn Jones of Cequence Security, who shares his company's latest research on this topic.
With attackers continuing to hammer weaknesses in software, organizations must prioritize application security more than ever, says Ian Ashworth of Synopsys. Thankfully, developers and middle management - bolstered by agile methodologies and DevOps - are increasingly leading the charge.
Hackers appear to have accessed a new mobile payment app for 7-Eleven customers in Japan, taking about $500,000 from 900 customers over several days. Poor passwords and authentication designs by the company are likely to blame, according to media reports.
A security researcher reports that Uttar Pradesh State Road Transport's website had a vulnerability that could have been exploited by hackers. The news comes as the Indian government promotes greater digitization, yet so many public sector sites appear to be riddled with exploitable flaws.
The debate over whether the U.S. government should have the right to force weak crypto on Americans has returned. Here's what hasn't changed since the last time: mathematics and the choice between strong crypto protecting us or weak encryption - aka backdoors - imperiling us all.
Visibility, or a lack thereof, continues to challenge organizations as they attempt to protect their businesses by knowing which systems, applications and data they have, says AlgoSec's Jeffrey Starr. He discusses how centralized visibility, control and automation can help.
As organizations pursue digital transformation initiatives backed by new application deployment techniques, they must ensure that security, operations and development teams fully coordinate, says Marco Rottigni of Qualys.